What is another word for Milton Friedman?

Pronunciation: [mˈɪltən fɹˈiːdmən] (IPA)

Milton Friedman, the renowned economist and Nobel Prize laureate, is often associated with the Chicago School of Economics, laissez-faire capitalism, and monetarism. Some synonyms for Friedman might include "free-market advocate," "neoliberal economist," "monetarist theorist," "conservative economist," or even "capitalism enthusiast." He was known for advocating for smaller government intervention in the economy and promoting individual freedom and choice in markets. His work on monetary policy and the role of the Federal Reserve in stabilizing the economy remains influential to this day. While controversial, his ideas have had a significant impact on economic policy worldwide.

Synonyms for Milton friedman:

What are the hypernyms for Milton friedman?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    author, nobelist, Economist, public intellectual, Chicago School Economist, Free Market Advocate, Monetary theorist.

Famous quotes with Milton friedman

  • It was actually a gradual process. Certainly Milton Friedman had a great influence on me here. He was by far the greatest living teacher I have ever had. He really opened my eyes to economics as a powerful engine of analysis. Milton Friedman was just number one. He was a great man.
    Milton Friedman
  • I don't know what monetarism is. If monetarism just means a good old-fashioned quantity theory, of course it has not failed. If it means the particular version of Milton Friedman, I think it has because he imagines that he can achieve — ascertain — a clear quantity relationship between a measurable quantity of money and the price level. I don't think that is possible. In fact, just about 40 years ago in the opening sentences of my book, Prices and Production, I wrote that it would be a great misfortune if people ever cease to believe in the quantity theory of money. It would be even worse ever to believe it literally. And that's exactly what Milton Friedman does.
    Milton Friedman
  • I don't like criticizing Milton Friedman not only because he is an old friend but because, outside of monetary theory, we are in complete agreement. Our general views on what is desired and what is not are almost identical until we get on to money. But if I told him what I said before, that I very much doubt whether monetary policy has ever done anything good, he would disagree. He personally is convinced that a good monetary policy is a foundation for everything.
    Milton Friedman
  • Although Humans are not irrational, they often need help to make more accurate judgments and better decisions, and in some cases policies and institutions can provide that help. These claims may seem innocuous, but they are in fact quite controversial. As interpreted by the important Chicago school of economics, faith in human rationality is closely linked to an ideology in which it is unnecessary and even immoral to protect people against their choices. Rational people should be free, and they should be responsible for taking care of themselves. Milton Friedman, the leading figure in that school, expressed this view in the title of one of his popular books: .
    Milton Friedman
  • Milton Friedman may well be the world's best-known economist. He has turned his unprepossessing stature and manner into a trademark persona; a feisty conservative David battling the Goliath of Big Government. But his influence is not merely a matter of skill at propaganda. It rests on the long campaign that he waged against the ideas of Keynesian economics, a campaign that eventually bore fruit in radical changes in both economic ideology and real-world economic policy.
    Milton Friedman

Word of the Day

Public Health Service US
The Public Health Service US is a healthcare organization that aims to improve the health and well-being of Americans. However, there are some antonyms that can be associated with ...